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  1. Greece's extension proposals to the Eurogroup and what they mean
    Photo by Harry van Versendaal

    PoliticsGreek Politics

    economic situation.” Greece does not clearly commit to the 3 percent primary surplus target for this year... targets to 1.5 percent of GDP starting from this year. As expected the word “troika” is replaced

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  2. A pause in uncertainty but for how long?

    Agora

    for this year (3 percent of GDP) will be adjusted downwards in agreement with the Eurogroup. This also applies to next year, when the target has been set at 4.5 percent of GDP, and the years after

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  3. Minor changes in Greek time deposit rates, higher movements in corporate loans

    EconomyMacroeconomy

    straight month. Last year the time deposit rate fell by 100 bps and currently stands well below... of this year. The slight contraction in the time deposit rate led the average rate on new deposits down

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  4. Newsletter 18 - 06/03/2015

    Newsletters

    , while it stood at 3.6 percent a year ago. The next T-Bill auctions are scheduled in the next two..., such as Greece’s elections in 2012 and the Cyprus bailout in 2013. In March of that year, journalist Nikos

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  5. Will the real men of unity please stand up?
    Photo by Harry van Versendaal

    Agora

    of that year, journalist Nikos Chrysoloras wrote of “an unthinking, subconscious racism at play... migrants die each year trying to reach the EU’s southern shores and ISIS is wreaking destruction

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  6. Mentioning the war so we don't have to mention the war

    Agora

    exports about 10 percent of its products there. Also, 2.46 million Germans visited Greece last year... fund" to which Berlin contributes 1 million euros a year was created in 2014 and Germany’s Minister

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  7. Fitch downgrades Greek IDRs three notches to CCC, sees damage to recovery

    Economy

    is forthcoming, Fitch notes it will be challenging Greece to maintain a primary surplus this year... but their asset quality is weak and may deteriorate further within the year. Although it is not its expectation

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  8. Retail sales down by 2.6 pct in January for third straight monthly decline
    Photo by MacroPolis

    EconomyMacroeconomy

    percent year on year (YoY) and rose 0.4 percent MoM, while the respective volume marginally increased

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  9. Unemployment rate at 25.7 pct in Jan, lowest since Aug 2012

    EconomyMacroeconomy

    in the preceding three months. The year on year (YoY) change displayed a slower growth in the number

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  10. Drop in Greek CPI decelerates again to 2.1 pct in March

    EconomyMacroeconomy

    consecutive year by 1.3 percent after easing by 0.9 percent in 2013. According to BoG, the price drop... on April 1, the government estimates 2015 will be another deflationary year with HICP seen at -0.5

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